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<br /> '•�'�"�`'�' ' ' � DEED OF TRUST 98_ 113U32 P��3
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<br /> ' Loen No 866a33 (CoMinued)
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<br /> � • Prop�rty, Yrusta sh�N ruurN l.��d�r�s�n�dtNdonal obNpw und�►�ny sunry bond furnlih�d In tFN conbst pra�sdinps•
<br /> -��."�n"r EvMMe�01 P�yrMnt, Trutlor th�M upon d�rtund furnbh to LmdK s�llafactory wid�nca of p�yrrNnt ol tta t�x�a a�ss�ssmm�s�nd a1wM
<br /> �' 't• ;,'� r �uthorin lM�pP�oP�►�po'�nm�nt�l oMclal lo cl�iiwr fo l.endsr it�ny Hrrw�writt�n slalsrrNnl ol IF�taxrs and au�ssm�nb�pUnsl 1M _
<br />:.,x�; Prop�rty,
<br /> h"�:t�
<br /> q•,., .� NpNu t,f ConaMucf{on. Trueta shall noMy L�ndK d IMSI MHMn(16)days bNon�ny work b commsr�d,any wrvkw+�n ftx or�ny
<br /> metu►ek an auppll�d to Ihe Propsrty,If�ny m�clun{c's Nsn,mat�lrrNn's Nsn, a olh�r !Nn coWd W �ss�rt�d on�ccounl of Ihe wak,
<br /> ,L�;� � Mrw,,,�s,pr m�bANi. Trustor wfN upon nqussf ol Londor�urnlsh to Lander advencv nssurencee salb�ectory 10 Lend�r Ihat Trusta can�nd wul
<br /> _.s�.�- p�y th�cal af such Improwmanls.
<br /> '"'��'� pF1OpFATY DAOAAtiE INSURANCE. Ths IoNO'+vinq Provblo^s nk«^Y to Inturinp tM PropKly�n�p u t o f t h h C 1 N d of Tnnt.
<br /> _�� �i uf�MUtr1e�. Trustor shaN prxun a n d r r W n t s i n p o N c N s o 1 M r�I n s u r�n c e wilh stand�rd exlend�d cowrcp0�ndaMmmla on a
<br /> npl�c�m�nl basb for ttw fuM InsunbN vNue cnwrinp I�M Improwm�nls on tM RNI Propwy In rn amounl suMicbnt lo�vdd�ppYr,aMon of�nY
<br /> --- - cdnsunna d�us���n�with�standard murty�Wie dauslln hvor d L�ndK,top�tMr wfth such oth�r hWrd and It�bYity liuunno��t L�nda
<br /> �'�" may rMSOn�bry rpuk�. PoNCks sh�M be wrfttsn In lorm,amounb,covK�pss and basla nasonably acceptabw to L�ndx and btsuW by a
<br />`.,�, : -�e eomp�ny or compar�Ns re�sorubly�oaptable ta Lond�r.Truslor.upon nqusst of Land�r,wil dNIvK b Lend�r Mom tirtw to tlm�tM pdk��s
<br /> '"`�"'• '' or cKtIllcNa of insunna In form satlshctory to L�nder�hdudinp sdPu4hom that cownp�s wiM not be cancsMSd a din�lnish�d wNho�d at
<br /> '��� M�st l�n(10)da y s'prior wriHen notk�to Lendrr. E�ch Insurana paNCY�ko shaM Includ�an�ndas�ment prwidirq th�t eovorlp�In hvor of
<br /> =•°,'a:•_ '_ LandK wfN not b�impaked In�ny wey by any�ct,o m t s l bn a d s h u R o f T r u s t a o r�n y o 1 M r p s rs on. ShoWd ths Red PropeAy�1��Y rr�
<br /> � *�+� bacome loclted in an erea desfpnated by the Dlrecta ol Iho F�dsr�EmerpencY Ma�+qe^'�snt Aq�^oy as a speclal eood h�urd an�,Tnulor
<br />,:��:,:.
<br /> �,,,a_S�' ���y�o pbta�n and rrwlntaln Federal Flood�nsuranc�Mr tFM full unpald pdncfpal balanc�of tF�loan,up to 11�m�xlmum poMCy N
<br /> und�fh�N�tlond Flood Insunna PruO+�m�a as dhKV�nQutnd by Unda.Rnd to m�k�4ln such Insurance for tFM Iwm d tlw tan.
<br /> `Y~ �p}prpeMd�. Trustor shaN promplfY ndMY La�of�ny loss a dUm�p�to Ih�PropKty. L�ndK may m�k�proof al loa M'frwla
<br /> ��'i�,-��� taMS to do so wilMn Mleen(16)d�ys of lha easwltY. WhMhK a nol L�r►d�r's s�curitY Is Imp�lnd�L�nd�r mny��t He�Mctlon�nc�iw�nd rWk�
<br /> �"►'-�;:,�,�� llw proceeds to Ihe nducfbn d t}w Indebladnass�PaYrtwnt o}�ny!bn aMecNrtO ths fhop�b�cx Ilw -
<br /> z��at,.• the procs�ds af�ny Irtaur�ncs and�PP�Y
<br /> ._._�:.Ta.- r�.storadon tnd npak of th�PropertY• �f LendK �MC�lo appht lM procMds to restontlon�nd repak,Tnnta sh�N n(H►M a rpl�Ih�
<br />--^�;i•��•.. dl�rrwysd a d�stroysd Improvements In�rrwnner sathshctaY to I.�nde. UndK sh�1�uPon atlshclaY Proof of wch�NMltun�P�Y a
<br />-°•y4,•'�, rNmburss Trusta hom tF►�procasds lor lhe rwsan�bl�cnt of r�p�lr or r�stontlon H Trusta b not In dNault und�r this OMd of Trust. My
<br /> ^V„��� procMds whlch ha��not bwn disburs�d withln 180 daye�ftK thsk nalpl�nd wNch Und�r has nof commNt�d to tM np�k a nslarlbn of
<br /> tFw Prop�ry ahaM ba us�d Ikst to p�y�ny amount owlnG to LendK und�r M�fs D�sd d Trusf,tMn to pay�axwd Inwntt,A�nd tM nrtwk�da,M
<br /> —� any,shaM b��pP�to tM prindpa�b�nce d ltw IndebNdness. If Lsnder hdda any proce�da d1K paym�nt in fuN of tlw�Ind�bMdn�ss.such
<br /> -l:l���� prawds shaM be pakl to Trustor as Trustor's Inlerosb m�Y�PP�•
<br /> ���= UMxpkW Ins�uM�w M SuM. Any unoxpk�d Insunnce shatl inure to ths bsnMit of,�nd pass to,th�purchasK of lM PropKly mvMrd by►hk
<br /> �ty.,,• - Dwd of Trust al�ny tnntee's sde a other sab hsid under ths provlslons of thls Ds�d of Trust,a at�ny lonclosun s�M of such ProQ�rty.
<br /> °x�:• .. CompM�na with Exlsdnp IncNbt�dness. Durinp Ihs PM�od In wMch�ny EzkNnp Indebtsdn�ss d�sc�ib�d bNow fs In�fhct.cc^�{�Ync�wNh
<br />,a�;;�, the imunnos provisians conWn�d In tFw Inslrurn�nf eHdsnd^0 such Existlrp Ind�bMdn�ss sh�N corntltuh compY�nc�wilh 1h�Insurtno�
<br /> _�,;n„_ provisfone untbr thFl Oeed of Trust,to tha exlsnt compi�nco with�hs tK^�s of�hls[�d of Trust would constltub o du�ikatlon af k�sunna
<br /> r�qw�i��w��. It:�y p:��!'�,n rnw intur�nee bcoml P�Y�bM on loss�ths prov�siom In t�fs Desd of Trusl for dNision d pr o�w d s�h�N
<br /> �°��,� �pply oMy to Ihat pordon of 1M proc�eds not WYBb�to tl�hald�r of lM Ewsanp ind�bi�drnm.
<br />—��^-•�'..��� w�h any provfsion of this D»d of Trust,Indudinp �ny obNg�Yon to mYntrn ExhYnp
<br /> -----���� D(PENOITt1FiES BY LENOER. H Trustw hNs to tomply
<br /> --—_ _.y IndebMdn�ss in qood standirq as requksd below�or H ony acYOn a proceedrnp fs commMC�1 ttyt woultl ma1�NY�fNc1 Le^dw's Ndu�sls M IIN
<br /> -- ---�.. Prop�rty,Lsnder on Trustors beluM may,but shaN nat be rpulnd lo,tAke any�etlon that Lencbr ckams�pp►opri�t�. My�mo�� M�t L�fdK
<br /> _'� y uq�ends in so dolrq wf�bear Interest at lhe rate provlded fa In tha Note Bom ths date incurted a pald by Lande�to ths d�N d r�p�Yrt�nl bY
<br />°'K.'''A'f�i Trustp'. AM such szpensos,at Lt�nder's optlon,wfN (s)t�Pay�ble on demand, (b)be�ddsd to lhe baynCe of the Nots and be rppptlon�d�mon0
<br /> -- -- and be p�y�bb with any InstaMment payments to become due durinq efther (q lhe lerm ol anY 4ppNcabk Insurana poNcy or (N)lh�rNrrininS�1wm
<br /> of tha NoN,or (c)b�treated as a bslloon payment wh�h will be dua�nd paytble�t th�NoN's�turily. Thls DMd of Trust�ko wiM s�cun
<br /> _„_ -..� snyd'tl�d on'�ccou 1 of Ihs dshuM�Any sruch�on bytUnder S�ha�M not bs constrwd as curirp t ds ault so as to bu L�nd�►10(rom� nrtNdy Itwt
<br /> .���,�r� H dh�rwh�wadd haw Md.
<br /> —==°•° WARRAKTYi REFEMSE OF TITLE. The IaMowinC P�ovtsllom rolatkp to owrnrshlP of the Pro(�rty�n�p�rt of tMs D�W d Trusf.
<br /> °'°"- TIIN. Trustor wrrrants tha1: (a)Truslor hdds 0�a^d���bk tills of ncord to th�Prop�rly in h�simpl��hw�nd dNr of M M��nd
<br /> -- - �ncumbr�nc�s otlwr than thosa sN forfh In the Fia�l Propwty d�saipUOn or In thr Exisdnp I�d�bt�dnsss s�C1bn bMow or in any 1NM kaunnw
<br /> -_=— pdicY�dtl�report�o�tlnal Nde cPinion issurd In tava of��nd�cc�P�by�L�r�in conn�ctlon with thb Ds�d d Tru6t,�nd (b)Trudor hat IM
<br /> --�7 fuN riGM�PowK,�nd aut►writY to ex�cut��nd dalivK thls Ds�d of Tnnt lo L�rKNr.
<br /> p�hn�of TItM. SubJect to ths dxoepHOn In I h e pu a y n ph�bow,Tnntor wunMs�nd wYl laswr d�h'xf 1���N�o t���H�^��
<br /> ---.._____ =: lawful chims of�II parsons. In ths wsnt any aclbn a Procsodln0 is comrt�snacf th�t quatlons Trustor's titk or th�InNrbt d TrusM�a
<br /> � � Und�r undsr this Deed of Trust,Trustor Stw�N defsnd tM�cHon at Trusfors expsr�ss.����b �P��1'�M�,�� a�
<br /> °�e�� LendK sh�N be entiffkd to parriclp�M in ths p�oc�ed�nq and to bs reprsssMed
<br /> _-�—_�__�� 7ruslor wN dativor�or c�use to be delivered�to L�ndar such instrume�s AS Undw rn�y rpwst trom tlma to tlms to pamit wch p�rlcipatlon.
<br /> '"°-�'��'! �p�pN�C� Wlfh L�ws. Trustor wurants th�t tha PropertY and Trustor's us� d lt►� Propely complNS wNh NI eoclstl�p�ppMabM 4v+s�
<br /> -, -,,,: � ordin�nas�and rputaHoru ot powrnmenW wthoritk►s• ot Mfs DMd d
<br /> _.T" DfISTING IND�HTEDNESS. The fdlowlrp provfsiorn conce►�Irp e�sHny Indebtednsss(the'E�dstlnq Imiebtsdnsss'ws �pul
<br /> :.:��:�a,"3,a Trust.
<br /> _..�::sr�
<br /> .�� pdsqnp LMn. Tha N�n of Ihk Daod ot Trust sa+eainfl I�w IndWNdn�ss rn�y b�s�corxluY��Int�lor to an wdttltq Ma�. Trusta
<br /> 4`=�a� cow�anls and aprses fo pay�or ssi to tM p�Y�*b^t ot,ths E�dsUnp hid�btodnsss�nd to prwsnt�ny dNaull on sueh k�eisbM�st��ny dM�uN
<br />,._A�- ��'�° . und�r tM InsUumsnts avldoncinp such Indsbtadrnss.a�ny defaull under any s�c+xily docum�Ms lor such{nd�bt�dn�ss.
<br /> T'•�.+-• - .
<br /> - l"� ' p�}ault. If the paYo'►ent of any irtstaqment ot principal a any Interost on the ExisUnp Indsbbdness ts not rrNds w�►Mn tM MrrM nqWnd by tM
<br />:,:",� �;���; • note evidencirW such Indebtedness.or should a defautl oc:cu�under the inshument sacurinp such indebtadness and nol b��urad durirq any
<br /> ePP�aWe grace psrlod therein,lhen,et the option of le�der,the Indebtedness secured by this Deed of Trust shaN become Imm�diatNy dus
<br /> and p�yebie,and lhis Deed of Trust shall be fn defau�t.
<br /> ,' Np MpdMcat{on. Trustor shall nol enter into eny op�eement wilh the holdFx of any martya9e,deed ol trust,or ot�urily����
<br /> � has prlorfly over tMs D�ed ol Trust by wMch lhat�eM►w�l fs modilMd�am��ded,�xt�nded.or n+nw+sd vrMhoul P�
<br />� �A UndK. Trustor shaM n�ilher requesl na�aePt�ny�lun�dvances ur►du any such security aqnsment vrithoul 1hs prior wrltwn co�se�t of
<br /> �: UndAr.
<br /> , �� CpNOEMlIAT�ON. 7Ae foNowirg Prov�s�ons re4tirp to condemnidon procee�irqs aro a pa�t of tl�fs O�sc1 of Tnnt.
<br /> + of!Nt ProcNd�. I}�N at nny paf'of Iha Pioperly Is condsmn�d by stMnent domdn proc�stMnps Or bY��Y P�a��°r
<br /> • • t � pu�c�s��In li�u of condemntttlon.LsndK�y at Its�Nction rsqufn Ihat aA or�ny porMOn of tM ns1 P�ocMds of 1tN aw�rd b��pplMd lo the
<br /> i,,.�.►,�.��e nr Ihs reoalr or restotaHOn d tM Woperb. T1w nel proee�ds of ths�wud shaN er�n the award alter paymsnl of�N n+son�bM
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<br /> ��...Nw�A�wntiLMNIIAl1
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<br /> costs�expens�s�end�ttaneys�fAB51f1CUR8tl b�l 7N5[ae vr��nuw n��r.��......... •
<br /> � ProCeedlnps• �f a�Y P������n candemnttion is Ned.Trustor shaN promptty notiF/Lender In writirp,�nd Trusta shaM promptly tak�sutA
<br /> � steps as may be necessary to defend Ihe actlo��nd oh►aIn the sward. Trustor may ba Ihe nominal parry In sucii proceedirq,bul LentNr sh�N
<br /> be entitled to parli,.-fpatA�n the procaed�n9 o�d b be�aP��nted In the proceediny by counsel of i!s own choice,and Truslor wiM d6�iwx or
<br /> � cause ta be delivered to Lender such Instrumenf5 fls m+Y he reques�ed by It kom fime to time to pennN suCh Pa�ticfP��o�• ,
<br /> IMPOSITION OF TAXES,FEES ANO CHARGES BY GOVERNMENTAL AUTHORITIES. The Iollowlnq provislons relaBnfl to po����►���� :.
<br /> � fees end charpes ere a part ot Ih�s Deed o�Trust:
<br /> Current Taze�,Fees�nd Char�es. Upon request by Lender,Trus�o�shaA exacute such documents�n a T�ustatSM�Sre�f�ix��8 1d��a�N
<br /> „� wliatever other eClion is requested by Ldnder to perfet�and conlinue Lender s lien�n the Rt►al Property.
<br /> � taxes, es described below, together wilh ell expenses incurred In recading, perfecfiny or conlinuing thFS Deed ot Trus�,��►c�ud�rg withoul
<br /> Ifmftation a11 taxes,fees,documentary slamps,and ather cha�ges��recordinq or regiSteriny thls Oeed of Trust.
<br />• T�xe�. The following shall const�tute taxes lo whicti Ihls seclion eppl�es: (a)a speclfic tex upan this type of Deed ot Trust or upon�N or�ny
<br /> � part ol Ihe Inciebted�ess sacured by this Ueed of TruSl; (b)a SpeCifiC tax on TruStor whkh TruStor 15 aulhorized Or r�quirKl t0 d@duC�frOm
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